700 Vernon Drive, Vancouver Listing #: R2348368

700 Vernon Drive is in the hip neighbourhood of Strathcona and is only 1 block off Clark Dr. sandwiched between gentrifying East Hastings St. and Venables St. Its location is very central only 5 minutes drive to the center of downtown Vancouver and is even closer to the the new St. Paul’s Hospital development. The opportunities presented by this unique property are endless. This 53.5 x 66 foot lot has a 2 story character home w/ basement (not on the heritage registry) as well as an iconic East Vancouver store front Vernon Drive Grocery. Together there are 3 individual suites currently tenanted. Please do not disturb tenants or walk on the property.

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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.